foreign exchange reserves

Mumbai, April 10 India's foreign exchange reserves jumped by USD 9.063 billion to USD 697.121 billion for the week ended April 3, 2026, the Reserve Bank of India (RBI) said on Friday.In the previous reporting week, which ended on March 27, the overall reserves had dropped by USD 10.288 billion...

New Delhi, April 9 The World Bank said on Thursday that India is well-positioned to weather the current global energy shock, with ample buffers, including high foreign exchange reserves, fiscal space, and low inflation, which will support growth despite global headwinds.Addressing a conference...

New Delhi, April 7 – Debt-ridden Pakistan is facing a dire financial situation as it must repay $3.5 billion to the United Arab Emirates this month.The repayment, confirmed by a senior cabinet minister during a press briefing, as reported by Pakistan’s Express Tribune, comes at a time when...

Colombo, April 7 Sri Lankan President Anura Kumara Dissanayake announced an economic relief package on Tuesday aimed at minimizing the impact of the West Asia conflict.Speaking in parliament, Dissanayake said that India has agreed to provide the island nation with petrol and diesel."As a...

New Delhi, April 6 – India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday.Addressing the golden jubilee celebrations of the National Institute of Public Finance and...

New Delhi, April 6 – Finance Minister Nirmala Sitharaman stated on Monday that fiscal prudence has given the government the flexibility to maintain capital expenditure (capex) and support sectors affected by the crisis in West Asia.Furthermore, she said that the Reserve Bank can consider...

New Delhi/Islamabad, April 4 – Facing mounting pressure, Pakistan has agreed to fully repay approximately “$3.5 billion” in deposits and loans to the United Arab Emirates (UAE) by the end of April, after the Gulf nation sought the immediate return of the money.The development comes amid...

Mumbai, April 3 India's foreign exchange reserves declined by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI) said on Friday.In the previous reporting week, the overall reserves had declined by USD 11.413 billion to USD 698.346 billion...

April 03, New Delhi: Bangladesh has introduced new measures to reduce energy consumption in the face of rising power supply challenges, triggered by the conflict in West Asia that is disrupting global fuel markets.Under the new rules, government offices will operate from 9 a.m. to 4 p.m...

New Delhi, March 30 The Reserve Bank should use foreign exchange reserves to stabilize the rupee, which has been affected by the ongoing crisis in the Middle East, according to a research report by SBI on Monday.The rupee breached the 95/USD mark on Monday and closed 7 paise higher at 94.78...

New Delhi, March 30 Finance Minister Nirmala Sitharaman said on Monday that the country's economic fundamentals are strong, and that the Indian rupee is "doing very well" against the US dollar, compared to other emerging market economies.Since the outbreak of the West Asia conflict on February...

New Delhi, March 28 The near-term outlook remains uncertain, with external shocks, particularly the West Asia crisis, posing downside risks to growth through elevated input costs and potential supply disruptions, the Finance Ministry said in a report on Saturday.However, the report said...

Mumbai, March 27 India's foreign exchange reserves dropped by USD 11.413 billion to USD 698.346 billion during the week ended March 20 due to a sharp decrease in gold reserves, the RBI said on Friday.In the previous reporting week, the overall reserves had dropped by USD 7.052 billion to USD...

Colombo, March 25 Sri Lanka is hoping to receive two installments of its bailout package from the IMF when the IMF team arrives here to complete its mission, Central Bank Governor Nandalal Weerasinghe said on Wednesday.An International Monetary Fund (IMF) team will arrive here on Thursday and...

Islamabad, March 24 – If the war in Iran does not end quickly, it could deliver the most devastating shock to Pakistan's economy in living memory, according to a report. Pakistan remains particularly vulnerable to the evolving fallout of the war, and its economy faces several challenges...

Mumbai, March 23 India needs to closely monitor the evolving situation in West Asia and take proactive measures to limit the impact of spillover effects, as the country is dependent on crude oil imports, the Reserve Bank's bulletin said on Monday.However, the March bulletin noted that India's...

Mumbai, March 23 The conflict in West Asia and fresh trade investigations by the US have resulted in increased volatility in global markets, the RBI bulletin said on Monday.India's foreign exchange reserves remain adequate to provide a cushion against external shocks, according to an article...

New Delhi, March 20 – Economic fragility in Pakistan has reached a critical stage following the US-Israel war with Iran, due to the drastic increase in oil prices and the widening trade gap, according to a report by a Pakistani media outlet.In terms of per capita income, economic growth rate...

Mumbai, March 20 India's foreign exchange reserves declined by USD 7.052 billion to USD 709.759 billion during the week ended March 13, the RBI said on Friday.In the previous reporting week, the overall reserves had fallen by USD 11.683 billion to USD 716.81 billion. The kitty had expanded to...

New Delhi, March 17 Opposition members in the Rajya Sabha raised concerns over the shortage of LPG, the safety of NRIs living in West Asia, and rising inequality, while demanding an increase in allocation for the education and health sectors.Participating in the discussion on the Appropriation...